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Keno Odds
The Keno odds for each game are very individual and can also be considered a matter of perception, depending on how you view the game.
What are the Keno Odds?
Odds are the calculated chances you may have for winning a game. These odds can be viewed in a number of different ways depending on how many numbers you choose when playing Keno. In a Keno game you can choose up to 15 numbers. The payout schedule varies according to the quantity of numbers you choose. The more the numbers you choose the higher the potential real money keno payout, but it can also reduce the chances of winning.
When the game of Keno starts, the computer will throw out a total of 20 numbers which are scattered across a board of 80 numbers in total. A basic calculation would show you that you have a 20/80 chance of your numbers being matched divided by the numbers you have chosen which the maximum is 15. If you choose fewer numbers then the calculation changes and supposedly your odds are better but this is not always the case, because the potential winnings also change.
How the Keno Payout Works
No matter which casino you choose to play at, the potential wins are clearly displayed at the side of the Keno board and will change as you choose more numbers. The higher the quantity of keno numbers you choose the larger the potential win which is a multiple of the coin bet you have placed. The largest win is 10,000 times the amount of your bet which is quite substantial. If you choose five numbers then you only need to match two in order to break even i.e. get the value of your bet back but if you choose all fifteen numbers then you need to match five numbers to break even.
Having said that, Keno is a totally random game and it is very difficult to quantify. It is always better to choose more numbers than less as you have more of a chance of winning even if the law of probability states otherwise. Because Keno is such a random game built on luck, there is no guarantee that by working out the odds for each game, these will actually give you the results. Having said that Keno odds are definitely something to be studied and reviewed before choosing where to play.
Keno Casino Odds
Another good way to work out odds and your chances of winning at keno is to look at the casino odds of the casino you choose to play at. A casino that displays payouts of 85- 90% takes 15-20% of the money that you bet. This basically means that over a period of time 85-90% of the money bet will be returned to players in winnings. What cannot be predicted is when this will be paid out. So when looking for a good casino to play at, look for one that has high casino odds.
Wherever you choose to play, check all of the information for that casino to see if it will give you better odds and therefore a better chance of winning.
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